View Full Version : REA /sothebys
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10-21-2007, 11:20 AM
Posted By: <b>bernie</b><p>guys---i would like to know if i was going to auction off a very valuable piece of memorabilia---is it better to use robert edwards or sothebys? and why is one better than the other---i appreciate everyones input---thanks
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10-21-2007, 11:38 AM
Posted By: <b>Dan Bretta</b><p>I personally would go with REA. I think they have more knowledge, better customer service and a wider audience.
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10-21-2007, 12:27 PM
Posted By: <b>Mark Steinberg</b><p>I agree.... REA seems to be the best in the business. I think they are universally the most repected. They might give you a favorable commission for your consignment as well (I know they have for me in the past...)
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10-21-2007, 01:04 PM
Posted By: <b>Greg Theberge</b><p>REA without a doubt<br /><br />Rob is a great guy who treats you with a lot of respect no matter how big or small your budget is, or how valuable your consignment is
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10-21-2007, 04:14 PM
Posted By: <b>peter chao</b><p>Guys,<br /><br />Is Rob Lifson really that busy? Any particular reason he sticks to only one auction per year?<br /><br />Peter C.
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10-22-2007, 08:45 AM
Posted By: <b>Greg Theberge</b><p>Peter,<br /><br />While I certainly can't and won't speak for Rob, from an outsiders perspective, it's called quality not quantity. <br />
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10-22-2007, 11:46 AM
Posted By: <b>Mike H</b><p>Greg hit the nail on the head. Quality is the name of the game at REA. Also consider the last auction generated $8.2 million with 10% - 20% consignment fees plus 15% buyers fees (I think). Once a year will pay the bills quite nicely. <br />I want to make it perfectly clear that by mentioning financials I AM NOT saying anything negative about REA or auctions in general as Rob's fees are extremely fair and set the standard by which others are judged. They have really set a high bar for class, professionalism, and honesty.